Don't let this slip into the memory hole Goats, it's been two months since the Voat investment deal and we still have no details.

Don't let this slip into the memory hole Goats, it's been two months since the Voat investment deal and we still have no details. (whatever)

submitted 6.1 years ago by DrSelfAppointed

EDIT. Got an answer. Move along people, nothing to see here.

There were no terms associated with this deal other than to help Voat succeed and to offer some resources to this end.

-Putt

For anyone out of the loop, two months ago Putt announced a secret investor for voat with vague details. Which you can read here https://voat.co/v/announcements/2934082

What we were told:

Voat has gotten a budget for staff and a partial budget for operation
Putt remains CEO
The investor wishes to be kept secret (I feel like I would want the same in their shoes)
And the Details of the deal have been kept off the table “at least until Voat gets acclimated to the partnership and the newness fades.”

The only other thing I have heard from Putt that adds any good information is that both he and Atko retain majority ownership/control. While that’s a good thing, we still have no idea what they agreed too to secure this funding.

My argument is, while the anonymity of the investor is understandable secret, the only reason to continue to withhold the details of the agreement would be if there were some kind of malicious, foul, or some other stipulation that would be disagreeable to the community.

I have yet to see a single good reason to keep that information secret; and doing so completely undermines any notion of transparency. It seems the only way we will ever get that information is if the goats make a big stink. Which is why I am here to remind you all, again.

Unless @puttitout judges us as being acclimated enough to be told.

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cultivated_ignorance 6.1 years ago

I've heard the mysterious investor is Mel Gibson. Some people here say @blumen4alles is his Voat handle. Others just read stuff and shitpost until this site is eventually taken offline by the folks who don't like the kind of discussion that goes on around here.

link

DrSelfAppointed 6.1 years ago

Well, I'm not advocating for the DOX of whoever it is. I can understand the need to keep that hush-hush. It just so happens that plays to the favor of that investor if they were not a good entity. I want to know the the terms of the agreement more than the entity behind it. We can bitch an moan about knowing who it is based on what the agreement is.

as for the shit post till it dies thing, well that's the heat death of every good site. There will always(hopefully) be a replacement in some form or fashion, but they seem to be fewer & fewer, and I suspect will become harder & harder to get too or find. So let's keep this going as long as we can, I say.